Qatar Navigation Announces Financial Results

Doha, October 25 (QNA) – Qatar Navigation Company has disclosed its interim financial statements for the period ending September 30, 2012. The interim financial statements revealed a net profit of QR 637.4 Million for the nine months period ended September 30, 2012 in comparison to a net profit of QR 584.3 Million for the corresponding period last year.
The company’s Earnings per Share (EPS) amounted to QR 5.57 for the period ended September 30, 2012 versus QR 5.10 for the corresponding period in 2011.
The company was established in July 1957 as the first public shareholding company registered in Qatar and holds commercial registration no. 1. Milaha’s current activities include marine transportation in gas, petroleum products, containers and bulk; offshore support services; port management and operations; logistics services; shipyard; trading agencies; real estate investments; and asset management.
The legal entity, Qatar Navigation Q.S.C. (QNNS), is publicly listed on the Qatar Exchange. (QNA)